Suppose Stoler Food Co. had an unlevered value of $85 million. Stoler's marginal tax rate is 37%,

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Suppose Stoler Food Co. had an unlevered value of $85 million. Stoler's marginal tax rate is 37%, and it has $25 million in debt.

According to MM's proposition with taxes, what is the levered value of the company?

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Contemporary Financial Management

ISBN: 9780324289114

10th Edition

Authors: James R Mcguigan, R Charles Moyer, William J Kretlow

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Posted Date: May 25, 2023 01:21 AM

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Suppose Stoler Food Co. had an unlevered value of $85 million. Stoler's marginal tax rate is 37%,

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According to ModiglianiMillers MM proposition with taxes the le... View the full answer

Contemporary Financial Management

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